ad New head of the OECD's Tax Treaty, Transfer Pricing and Financial Transactions Division is appointed By www.oecd.org Published On :: Wed, 11 Jan 2012 00:00:00 GMT Ms. Marlies de Ruiter has been appointed Head of the Tax Treaty, Transfer Pricing and Financial Transactions Division of the OECD's Center for Tax Policy and Administration. She will take up her duties on 1 February 2012. Full Article
ad Tax: India ratifies Convention on Mutual Administrative Assistance in Tax Matters By www.oecd.org Published On :: Mon, 27 Feb 2012 00:00:00 GMT India has ratified the Convention on Mutual Administrative Assistance in Tax Matters, a multilateral agreement developed jointly by the Council of Europe and the OECD that was opened for signature to all countries in June 2011. Full Article
ad New head of the Global Forum on Transparency and Exchange of Information for Tax Purposes is appointed By www.oecd.org Published On :: Thu, 01 Mar 2012 00:00:00 GMT Ms. Monica Bhatia has been appointed Head of the Secretariat of the Global Forum on Transparency and Exchange of Information for Tax Purposes. She will take up her duties on 1 April 2012. Full Article
ad First Meeting of the OECD Global Forum on Value Added Tax (VAT) By www.oecd.org Published On :: Fri, 09 Nov 2012 11:33:00 GMT Secretary-General Angel Gurría provided closing remarks at the first meeting of the OECD Global Forum on Value Added Tax (VAT) held in Paris. The meeting focused on designing efficient and equitable VAT systems and analyzing their impacts on international trade. Full Article
ad Forum on Tax Administration's Offshore Compliance Network meets in Tokyo By www.oecd.org Published On :: Thu, 29 Nov 2012 09:15:00 GMT News items following the meeting of the Forum on Tax Administration's Offshore Compliance Network in Tokyo Full Article
ad OECD takes aim at software technologies used by businesses to evade taxes By www.oecd.org Published On :: Mon, 18 Feb 2013 11:00:00 GMT The OECD has released a study to help all countries understand and address the risks of sales suppression software. It describes some of the most common electronic sales suppression techniques and shows how these methods can be detected by tax auditors. The report also considers the approaches already adopted by countries in combating this risk and highlights a number of best practices. Full Article
ad Albania signs the Convention on Mutual Administrative Assistance in Tax Matters By www.oecd.org Published On :: Fri, 01 Mar 2013 10:51:00 GMT Albania has become the 43rd country to sign the Convention on Mutual Administrative Assistance in Tax Matters. Full Article
ad Tax administration: OECD publishes new comparative information on OECD and other advanced and emerging economies By www.oecd.org Published On :: Fri, 17 May 2013 10:00:00 GMT This fifth edition describes institutional setups, organisational arrangements and reforms, aspects of strategic management and human resource management, resources for tax administration, important areas of operational performance, the use of technology, and elements of the legislative and administrative framework for tax administration across the 52 economies covered by the series. Full Article
ad Morocco signs the Convention on Mutual Administrative Assistance in Tax Matters By www.oecd.org Published On :: Tue, 21 May 2013 13:00:00 GMT Morocco has signed the Convention on Mutual Administrative Assistance in Tax Matters, a multilateral agreement developed jointly by the Council of Europe and the OECD. Morocco is the 45th country to sign the Multilateral Convention since it was updated to meet the international standard on transparency and exchange of information and opened for signature to all countries in June 2011. Full Article
ad G20 Leaders’ Summit: Growth and Global Economy By www.oecd.org Published On :: Thu, 05 Sep 2013 08:57:00 GMT Building an international tax system that is transparent, efficient and fair, will serve our economies, our governments and our citizens, said OECD Secretary-General at the G20 summit in St. Petersburg. Full Article
ad OECD’s Gurría presents G20 Leaders with proposal to tackle tax evasion By www.oecd.org Published On :: Thu, 05 Sep 2013 18:00:00 GMT OECD Secretary-General Gurría today presented to G20 Leaders ground-breaking proposals to tackle tax evasion and avoidance by both companies and individuals. The proposals establish automatic exchange of information for tax purposes as the new international standard for tax co-operation and set out the Action Plan on Base Erosion and Profit Shifting (BEPS), which was first presented to G20 Finance Ministers in Moscow in July 2013. Full Article
ad “The Future Ain’t What it Used to Be - 20 Years of Competition Law and the Challenges Ahead” By www.oecd.org Published On :: Fri, 27 Sep 2013 15:28:00 GMT Strong competition is an optimizer for our economies. First of all, it is the best catalyst to increase our productivity. This is because a strong competition framework generates the right incentives to attract the most efficient firms into our markets. Full Article
ad Switzerland signs Multilateral Convention on Mutual Administrative Assistance in Tax Matters By www.oecd.org Published On :: Tue, 15 Oct 2013 14:30:00 GMT Switzerland has become the 58th country to sign the Multilateral Convention on Mutual Administrative Assistance in Tax Matters during a ceremony at the OECD. Full Article
ad Evading the Net: Tax Crime in the Fisheries Sector By www.oecd.org Published On :: Thu, 07 Nov 2013 14:01:00 GMT This report looks at the issue of tax crime in the fisheries sector, including frauds over taxes on profit and earnings, customs duties, VAT and social security, with examples from real cases. Full Article
ad Kazakhstan signs the Convention on Mutual Administrative Assistance in Tax Matters By www.oecd.org Published On :: Mon, 23 Dec 2013 09:38:00 GMT Kazakhstan has become the 64th signatory of the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, the most powerful international instrument to fight international tax avoidance and evasion. Full Article
ad International efforts to combat tax avoidance got a boost today as OECD broadens dialogue with global partners By www.oecd.org Published On :: Fri, 28 Mar 2014 14:00:00 GMT Over 330 senior tax officials from more than 110 jurisdictions and international organisations met in Paris on 26-28 March 2014 during the 3rd Annual Meeting of the Global Forum on Transfer Pricing. Full Article
ad Advancing global action to support fiscal sustainability By g7.newsdeskmedia.com Published On :: Wed, 11 Jun 2014 14:28:00 GMT Article about OECD work with international partners to eradicate tax evasion and tax avoidance, published in G7 Brussels Summit magazine, June 2014 Full Article
ad Cameroon signs the Convention on Mutual Administrative Assistance in Tax Matters By www.oecd.org Published On :: Thu, 26 Jun 2014 10:04:00 GMT Cameroon has become the 65th signatory of the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, the most powerful international instrument to fight international tax avoidance and evasion. Full Article
ad The Diesel Differential: Differences in the tax treatment of gasoline and diesel for road use By dx.doi.org Published On :: Tue, 15 Jul 2014 11:25:00 GMT Diesel and gasoline account for around 95% of energy used for road transport in the OECD and for the largest share of revenue from taxes on energy. In 33 out of 34 OECD countries, diesel fuel is taxed at lower rates than gasoline both in terms of energy and carbon content. Full Article
ad Under-taxing drivers is bad for environment and health, OECD says By www.oecd.org Published On :: Tue, 30 Sep 2014 14:00:00 GMT Advanced economies are pushing up carbon emissions, traffic congestion and air pollution by under-taxing company cars and diesel fuel, according to new OECD research. Full Article
ad Heads of Tax Administration agree global actions to meet global challenges By www.oecd.org Published On :: Fri, 24 Oct 2014 14:00:00 GMT The Ninth Meeting of the OECD Forum on Tax Administration (FTA) met in Dublin, Ireland on 23-24 October to discuss the implementation of the BEPS Project and automatic exchange of information. Full Article
ad Discussion Draft of the Proposed Modifications to Chapter VII of the Transfer Pricing Guidelines Relating to Low Value-Adding Intra-Group Services By www.oecd.org Published On :: Mon, 03 Nov 2014 17:00:00 GMT Action 10 of the Action Plan on Base Erosion and Profit Shifting directs the OECD to develop transfer pricing rules to provide protection against common types of base eroding payments. A discussion draft of proposed modifications to Chapter VII of the Transfer Pricing Guidelines relating to low value-adding intra-group services was released for comment by interested parties today Full Article
ad Comments received on the discussion draft of proposed modifications to Chapter VII of the Transfer Pricing Guidelines relating to low value-adding intra-group services (BEPS Action 10) By www.oecd.org Published On :: Tue, 20 Jan 2015 15:00:00 GMT On 3 November 2014, the OECD invited comments from interested parties on the discussion draft of proposed modifications to Chapter VII of the Transfer Pricing Guidelines covering low value-adding intra-group services relating to Action 10 of the BEPS Action plan. Full Article
ad El Salvador joins international efforts to fight offshore tax evasion By www.oecd.org Published On :: Mon, 01 Jun 2015 18:00:00 GMT El Salvador signed today the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, becoming the 86th signatory to the most comprehensive instrument for boosting international co-operation against offshore tax evasion. Full Article
ad Strengthening the international community’s fight against offshore tax evasion: Australia, Canada, Chile, Costa Rica, India, Indonesia and New Zealand join multilateral agreement to automatically exchange information By www.oecd.org Published On :: Thu, 04 Jun 2015 20:59:00 GMT In a boost for international efforts to strengthen co-operation against offshore tax evasion, seven new countries have joined the agreement to exchange information automatically under the OECD/G20 standard. Full Article
ad Much better use can and must be made of taxes to help reduce pollution and greenhouse gas emissions, concluded the participants of the 6th Global International Tax Dialogue conference By www.oecd.org Published On :: Fri, 03 Jul 2015 13:00:00 GMT Taxes are potentially among the most effective ways of cutting pollution and greenhouse gas emissions, but they are currently – with very few exceptions – underused; and even where used, they are frequently designed in a sub-optimal way. Full Article
ad OECD holds three tax events in Addis to promote domestic resource mobilisation By www.oecd.org Published On :: Mon, 13 Jul 2015 21:01:00 GMT The OECD is holding three tax events on the side-lines of the 3rd International Conference on Financing for Development in Addis Ababa, Ethiopia. Full Article
ad New report compares performance, best practices and trends in 56 tax administrations By www.oecd.org Published On :: Tue, 11 Aug 2015 11:00:00 GMT Tax administrations continue to face the challenges of improving their performance while reducing costs, decreasing compliance burdens for taxpayers tackling non-compliance. Improving taxpayer services, while making non-compliance harder, is helping revenue bodies increase their efficiency and allowing governments to finance important programmes that will further benefit their citizens. Full Article
ad Healthcare costs unsustainable in advanced economies without reform By www.oecd.org Published On :: Thu, 24 Sep 2015 11:00:00 GMT Healthcare costs are rising so fast in advanced economies that they will become unaffordable by mid-century without reforms, according to a new OECD report. Full Article
ad G20 leaders endorse OECD measures to crack down on tax loopholes, reaffirm its role in ensuring strong, sustainable and inclusive growth By www.oecd.org Published On :: Mon, 16 Nov 2015 16:00:00 GMT The leaders of the world’s 20 largest economies today endorsed overhauled global standards proposed by the OECD to crack down on tax evasion and reaffirmed the organisation’s central role in helping governments ensure strong, sustainable and inclusive growth. Full Article
ad OECD agrees on course of action in response to EU request to include additional fields in the CRS XML Schema By www.oecd.org Published On :: Mon, 14 Dec 2015 17:00:00 GMT On 1 December 2015 the OECD agreed on a common way forward in response to a request submitted by the European Commission pursuant to a mandate from EU Member States to include additional fields in the CRS XML Schema. This request was made further to the work of the European Commission and the EU Member States on the implementation of the Standard for Automatic Exchange of Financial Information in Tax Matters within the European Union. Full Article
ad Head of joint OECD/UNDP Tax Inspectors Without Borders initiative appointed – James Karanja By www.oecd.org Published On :: Mon, 21 Mar 2016 18:00:00 GMT Mr. James Karanja has been appointed as Head of the joint OECD/UNDP Tax Inspectors Without Borders (TIWB) Initiative effective 11 April 2016. Mr. Karanja will lead the development of TIWB, which has been designed to support developing countries to build tax audit capacity. Full Article
ad Tax administrations ready to act on “Panama Papers” By www.oecd.org Published On :: Fri, 08 Apr 2016 12:42:00 GMT Government officials from around the world have called on the OECD to convene a special project meeting of the Joint International Tax Shelter Information and Collaboration (JITSIC) Network to explore possibilities of co-operation and information-sharing, identify tax compliance risks and agree collaborative action, in light of the “Panama Papers” revelations. Full Article
ad Tax administrations meet on "Panama Papers" By www.oecd.org Published On :: Wed, 13 Apr 2016 16:00:00 GMT A special project meeting of the Joint International Tax Shelter Information and Collaboration (JITSIC) Network took place at the OECD in Paris on Wednesday 13 April, bringing together senior tax administration officials from countries worldwide to discuss opportunities for obtaining data, co-operation and information-sharing in light of the “Panama Papers” revelations. Full Article
ad Concrete actions needed to advance global tax transparency, OECD says By www.oecd.org Published On :: Thu, 14 Apr 2016 18:00:00 GMT The international community should call time on all remaining holdouts who have yet to implement internationally agreed tax transparency standards, OECD Secretary General Angel Gurría said in a new report to the G20. Full Article
ad OECD Forum on Tax Administration - plenary meeting Beijing, 11-13 May 2016 By www.oecd.org Published On :: Wed, 20 Apr 2016 15:38:00 GMT The role of tax administrations in implementing the OECD/G20 work on the international tax agenda will be the focus of the 10th Plenary meeting of the OECD Forum on Tax Administration (FTA) to be held in Beijing, People's Republic of China, on 11-13 May 2016. Full Article
ad Heads of tax administrations take big step forward in global tax co-operation By www.oecd.org Published On :: Fri, 13 May 2016 10:00:00 GMT Delivering on the OECD/G20 international tax agenda, through implementation of the Base Erosion and Profit Shifting (BEPS) Project and the Common Reporting Standard (CRS) for the automatic exchange of financial account information, took centre stage when Heads of Tax Administration met on 11-13 May in Beijing, China. Full Article
ad OECD appoints new Head of the Tax Treaty, Transfer Pricing & Financial Transactions Division in the Centre for Tax Policy and Administration By www.oecd.org Published On :: Thu, 02 Jun 2016 17:00:00 GMT Mr Jefferson VanderWolk has been appointed Head of the Tax Treaty, Transfer Pricing & Financial Transactions Division in the Centre for Tax Policy and Administration. He will take up his duties in early July 2016. Full Article
ad OECD Council approves incorporation of BEPS amendments into the Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations By www.oecd.org Published On :: Wed, 15 Jun 2016 11:00:00 GMT On 23 May 2016, the OECD Council approved the amendments to the Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations ("Transfer Pricing Guidelines"), as set out in the 2015 BEPS Report on Actions 8-10 "Aligning Transfer Pricing Outcomes with Value Creation" and the 2015 BEPS Report on Action 13 "Transfer Pricing Documentation and Country-by-Country Reporting". Full Article
ad OECD secretariat reviews the functioning of the Italian tax administration By www.oecd.org Published On :: Tue, 19 Jul 2016 13:00:00 GMT Following a request of the Italian Minister of Economy and Finance Pier Carlo Padoan, the OECD has carried out a review of the organisational structure and institutional arrangements of Italy’s tax administration, with a focus on the Agenzia delle Entrate and the Agenzia delle Dogane e dei Monopoli. The review also highlights certain critical issues related to tax compliance and collection which emerged in the course of the work. Full Article
ad OECD releases discussion draft on approaches to address BEPS involving interest in the banking and insurance sectors By www.oecd.org Published On :: Thu, 28 Jul 2016 11:00:00 GMT Interested parties are invited to provide comments on a discussion draft which deals approaches to address BEPS involving interest in the banking and insurance sectors under Action 4 (Interest deductions and other financial payments) of the BEPS Action Plan. Full Article
ad Liechtenstein strengthens international tax co-operation – ratifies the Convention on Mutual Administrative Assistance in Tax Matters By www.oecd.org Published On :: Mon, 22 Aug 2016 12:00:00 GMT Liechtenstein today deposited its instrument of ratification for the Convention on Mutual Administrative Assistance in Tax Matters ("the Convention"). By doing so, Liechtenstein underlines its commitment to fighting tax evasion and avoidance and takes another important step in implementing the Standard for Automatic Exchange of Financial Account Information in Tax Matters developed by the OECD and G20 countries. Full Article
ad OECD Secretary-General Tax Report to G20 Leaders (Hangzhou, China) - September 2016 By www.oecd.org Published On :: Mon, 05 Sep 2016 09:00:00 GMT This report consists of two parts. Part I is a report by the OECD Secretary-General regarding (A) the G20/OECD Base Erosion and Profit Shifting (BEPS) Project; (B) Tax transparency; (C) Tax policy tools to support sustainable and inclusive growth; and (D) Tax and development. Part II is a Progress Report to the G20 by the Global Forum on Transparency and Exchange of Information for Tax Purposes. Full Article
ad Public comments received on the discussion draft on approaches to address BEPS involving interest in the banking and insurance sectors under Action 4 By www.oecd.org Published On :: Thu, 15 Sep 2016 15:00:00 GMT The OECD publishes comments received on the discussion draft on approaches to address BEPS involving interest in the banking and insurance sectors under Action 4. Full Article
ad Switzerland confirms its commitment towards greater tax transparency – ratifies the Convention on Mutual Administrative Assistance in Tax Matters By www.oecd.org Published On :: Mon, 26 Sep 2016 09:19:00 GMT Switzerland, represented by Ambassador Ulrich Lehner , today deposited its instrument of ratification for the multilateral Convention on Mutual Administrative Assistance in Tax Matters ("the Convention") in the presence of OECD Secretary-General Angel Gurría. Full Article
ad Latin America and the Caribbean: Low personal income taxes lead to lower taxes on wages compared with OECD By www.oecd.org Published On :: Mon, 26 Sep 2016 10:45:00 GMT Taxes on the labour income of the average worker in Latin American and Caribbean (LAC) countries totalled 21.7% of total labour costs in 2013, one-third lower than in OECD countries, where the average was 35.9%, according to the first edition of Taxing Wages in Latin America and the Caribbean. Full Article
ad G20/OECD BEPS Project advances tax certainty agenda with the launch of global review of MAP programmes By www.oecd.org Published On :: Thu, 20 Oct 2016 15:00:00 GMT Today the OECD released key documents, approved by the Inclusive Framework on BEPS, that will form the basis of the Mutual Agreement Procedure (MAP) peer review and monitoring process under Action 14 of the BEPS Action Plan. Full Article
ad Global Forum makes advances on the international tax transparency agenda By www.oecd.org Published On :: Fri, 04 Nov 2016 11:00:00 GMT The Global Forum on Transparency and Exchange of Information for Tax Purposes held its annual meeting in Tbilisi, Georgia on November 2-4, bringing together 220 delegates from 84 jurisdictions and 12 International organisations to further their shared goal of improving tax transparency and achieving a level playing field. Full Article
ad Countries adopt multilateral convention to close tax treaty loopholes and improve functioning of international tax system By www.oecd.org Published On :: Thu, 24 Nov 2016 11:00:00 GMT More than 100 jurisdictions have concluded negotiations on a multilateral instrument that will swiftly implement a series of tax treaty measures to update international tax rules and lessen the opportunity for tax avoidance by multinational enterprises. Full Article
ad Monaco strengthens international tax co-operation – ratifies the Convention on Mutual Administrative Assistance in Tax Matters By www.oecd.org Published On :: Wed, 14 Dec 2016 14:51:00 GMT Monaco today deposited its instrument of ratification for the Convention on Mutual Administrative Assistance in Tax Matters ("the Convention"). By doing so, Monaco underlines its commitment to fighting tax evasion and avoidance and takes another important step in implementing the Standard for Automatic Exchange of Financial Account Information in Tax Matters developed by the OECD and G20 countries. Full Article